How to Check and Order BTST Trades in Zerodha

We always have been keeping a major focus on investing as it is something that secures our future and there is no better way of investing than stocks. One of the most popular term in the stock market is BTST which means Buy Today, Sell Tomorrow. Now you must be wondering that what is the difference between buying stocks normally and via BTST trading.

Well, whenever you buy stocks normally, you will see that they are credited to your Demat account in 2-3 days and you are able to sell them only after they have been credited to your account. However, this is not the case with Zerodha BTST as here you can buy and sell the stock even before getting the delivery. This kind of trading is highly convenient for all those traders who are buying and selling stock frequently and never wish to miss a chance on a good opportunity

Steps to Check and Order BTST Trades in Zerodha

Now one thing that you need to know about here is Zerodha Kite which is an advanced trading platform by Zerodha. With this platform, you can easily trade, monitor, and charting. It is a kind of all-in-one platform that all the traders need to go for! Now all those people who are wondering that how you can do BTST trade in Zerodha, here are the steps –

  1. The first step is obviously to login to Zerodha Kite. You can do this through your Zerodha login ID and password. In case you do not have one, then you are required to go to the main Zerodha side and create an account so that you will have your login ID and password.
  2. Once you login to Zerodha Kite, you will see that there is a complete watchlist for BTST. You need to select your stock from that list and in case you do not want any of those then you can also add a new stock to the list.
  3. Once you’ve finalised the stock, click on “buy”.
  4. Now the order window will appear where you are required to follow all the necessary steps which you would usually do while buying stocks. Your first step will be to select the product type and from the list, you are required to select CNC.
  5. The next step will be to fill both price and quantity that you want. Pay complete attention when you are filling the price and quantity as this is one of the most important step in the process of buying stocks.
  6. Once you are done with it and filled complete details, check everything carefully whether you’ve made any mistake. If yes, then correct it immediately because it might cause trouble for you. Now as everything is done, you will have to click on “Buy”.
  7. After clicking on buy, your order will be successfully placed. Now you will be able to easily view your order by going to the “order book”.
  8. As you’ve successfully placed the order, you can easily sell it on the next trading day. In order to sell it, you are required to place the sell order on the same stock that you’ve purchased. While placing the sell order, you need to make sure that you enter CNC as the product type.
  9. Now the last step is to enter the price and quantity of the stock that you wish to sell and then click on “sell”.

These were the few simple steps through which you will be able to do BTST trade in Zerodha!

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